US Treasury Secretary Scott Bessent has called for a major overhaul at Nvidia Corp. following the removal of its longtime CEO, Jensen Huang. In an appearance on Fox News’s Sunday Morning Futures, Bessent argued that the company should look beyond its current leadership ranks to find new direction.
The push for change comes amid growing scrutiny over Nvidia’s alleged involvement in the sale of its advanced AI chips to Chinese entities. The company has faced a series of accusations related to these transactions, raising concerns about compliance and governance.
Bessent’s remarks underscore the pressure Nvidia faces to address both internal leadership challenges and external regulatory issues. The call for a ‘dramatic shakeup’ suggests that significant changes may be on the horizon for one of the tech industry’s most prominent firms.